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Mar 15, 2013
03/13
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. >>> the irs says it has $917 million in unclaimed tax refunds from 2009, that are about to expire. the money is owed to about 1 million people who have until april 15th to file a return. >>> and chelsea clinton and her husband are about to move into a new home. the posh manhattan pad in north of madison square park is 5,000 square feet. 4 bedrooms and 6 1/2 baths. that's a palace in new york city. and it's all for a cool 10.5 million bucks. >>> bill clinton hits the scene. >>> and college hoops prepare for march madness. for those nights when it's more than a bad dream, be ready. for the times you need to double-check the temperature on the thermometer, be ready. for high fever, nothing works faster or lasts longer. be ready with children's motrin. i'm here in your home, having a pretty spectacular tuesday. ♪ but i don't notice the loose rug at the top of your stairs. and that's about to become an issue for me. ♪ and if you got the wrong home insurance coverage, my medical bills could get expensive. so get allstate. [ dennis ] good hands. good home. make sure you have the right
. >>> the irs says it has $917 million in unclaimed tax refunds from 2009, that are about to expire. the money is owed to about 1 million people who have until april 15th to file a return. >>> and chelsea clinton and her husband are about to move into a new home. the posh manhattan pad in north of madison square park is 5,000 square feet. 4 bedrooms and 6 1/2 baths. that's a palace in new york city. and it's all for a cool 10.5 million bucks. >>> bill clinton hits the...
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Mar 15, 2013
03/13
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have proposed significant cuts to entitlements, something democrats oppose, and democrats want new tax revenue, a deal breaker for republicans. republican leader mitch mcconnell put responsibility back on the president. >> his job is to deliver the members of his party. >> reporter: for now lawmakers appear no closer to a deal but they are more optimistic about the possibility of compromise. today president obama is taking a break from budget talks and traveling to illinois. he'll be focusing on another of his big priorities, alternative energy. richard? >> putting those walking shoes on the side after a very busy couple of days for the president. thank you, danielle. >>> a fiery exchange between dianne feinstein and texas's senator, ted cruz. during a senate judiciary committee on banning assault-style weapons, cruz who opposes any weapons ban, questioned the constitutionality of the bill. a sharp clash resulted between feinstein and the tea party freshman. >> namely, would she consider it constitutional for congress to specify that the first amendment shall apply only to the followin
have proposed significant cuts to entitlements, something democrats oppose, and democrats want new tax revenue, a deal breaker for republicans. republican leader mitch mcconnell put responsibility back on the president. >> his job is to deliver the members of his party. >> reporter: for now lawmakers appear no closer to a deal but they are more optimistic about the possibility of compromise. today president obama is taking a break from budget talks and traveling to illinois. he'll...
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Mar 20, 2013
03/13
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CNBC
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you do not pay tax. they have to have lawyers now, accountants and -- >> 9600 jurisdictions that they have to keep track of. and each one had that is a different set of rules and regulations. i hear the argument, it's not a big deal that someone will figure it out with software, it's not about the software, it's about compliance and aud auditing and small businesses spending time on paperwork instead of getting back to work. >> i feel it's a tax grab. what bothers me is you may favor that tax grab. that is my concern. can you dissuede me from that concern? >> i do not like this tax grab. states fund themselves with sales tax. it's the primary way that states generate, revenues for themselves. so we cannot take away the only way they generate revenue. >> some states. >> some, right, but maybe a better way to do it is to collect the tax in the state where the psmall business exist. >> how about that? >> that is what exists now, it's across state lines that we are talking about. >> go ahead. go ahead. pleas
you do not pay tax. they have to have lawyers now, accountants and -- >> 9600 jurisdictions that they have to keep track of. and each one had that is a different set of rules and regulations. i hear the argument, it's not a big deal that someone will figure it out with software, it's not about the software, it's about compliance and aud auditing and small businesses spending time on paperwork instead of getting back to work. >> i feel it's a tax grab. what bothers me is you may...
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Mar 13, 2013
03/13
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FBC
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eye 71
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, taxes, taxes, texas. you have been looking at some of the numbers r the president, doesn't look so good for him right now. >> that is pretty evidently why. we have seen disapproval up, people generally side with republicans on how much spending there ought to be, they will make a sudden break, very urgent and sudden break away from the prior tactic which said he was ing to drag the g.o.p. through the fiscal fights over the next 18 months and go through victory in 2014 and win back the hse for democrats, so the president is at least engaged in an operational pause so you can quiet the criticism. >> that is because the last two weeks have not gone well for the president. using all these scare tactics. the american people look at all the waste in the budget and say wait a minute, have to cut the parks rather than get rid of the conferences for wine tasting and things like that. i'm great to see the polls are reflecting that. gerri: i was interested in what paul ryan had to say about his budget. he wrote the
, taxes, taxes, texas. you have been looking at some of the numbers r the president, doesn't look so good for him right now. >> that is pretty evidently why. we have seen disapproval up, people generally side with republicans on how much spending there ought to be, they will make a sudden break, very urgent and sudden break away from the prior tactic which said he was ing to drag the g.o.p. through the fiscal fights over the next 18 months and go through victory in 2014 and win back the...
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Mar 13, 2013
03/13
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FBC
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melissa: part of your plan calls for tax reform. it is a two bracket code. >> yeah. melissa: the lower bound bracket is 10%. the language is a little fuzzier about the top individual rate but something like 25%. how reasonable do you think it is that something like this wouldappen and what would be the end result? >> well, i think it is very reasonable, and i think we have hopefully bipartisan come rod dry around this and ernest around this. you know what? it is revenue neutral. we're not asking to take less money from people or more money. we're asking to simplify the code. most of us can't even fill out a tax return now without having professional help or at least turbotax to get us through it. it doesn't have to be that. it shouldn't have to be that way. if we do revenue neutral way. by that taking no more than 19 or so percent of gdp more than enough to run any government, especially this federal government. we're hoping to get some bipartisan support around that. melissa: there is talk about what draconian cuts this budget represents. at the same time we're only
melissa: part of your plan calls for tax reform. it is a two bracket code. >> yeah. melissa: the lower bound bracket is 10%. the language is a little fuzzier about the top individual rate but something like 25%. how reasonable do you think it is that something like this wouldappen and what would be the end result? >> well, i think it is very reasonable, and i think we have hopefully bipartisan come rod dry around this and ernest around this. you know what? it is revenue neutral....
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Mar 19, 2013
03/13
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CSPAN
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the only tax that increase was a temporary tax that was relief given to reduce the payroll tax to try to give a shot in the arm to the economy. that was always designed to be a temporary tax. as a practical matter, the president has, in fact, kept his pledge. it is ironic. polls show the american people thought that with the american recovery act that their taxes increase when, in fact, 94% of the people saw a reduction. what the president promised, he did, but a lot of people did not understand it and thought their taxes increased. people that look at the facts understand that they have received tax reductions. i personally think we have gone a little overboard. we will have to rebalance the scales, but the president kept his promises on taxation, notwithstanding what you're caller said. you're caller is wrong. beach on twitter says the private sector will always be a better fiscal that the anything run by the government -- fact, says this person. we are talking about the budget with earl blumenauer as the house begins work on the budget put out by paul ryan last week. "the hill" rep
the only tax that increase was a temporary tax that was relief given to reduce the payroll tax to try to give a shot in the arm to the economy. that was always designed to be a temporary tax. as a practical matter, the president has, in fact, kept his pledge. it is ironic. polls show the american people thought that with the american recovery act that their taxes increase when, in fact, 94% of the people saw a reduction. what the president promised, he did, but a lot of people did not...
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Mar 21, 2013
03/13
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MSNBCW
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eye 80
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low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. with tasty grilled flavor and goodness to savor ♪ ♪ friskies grillers blend. ♪ feed the senses. all your important legal matters in just minutes. protect your family... and launch your dreams. at legalzoom.com we put the law on your side. and launch your dreams. today is gonna be an important day for us. you ready? we wanna be our brother's keeper. what's number two we wanna do? bring it up to 90 decatherms. how bout ya, joe? let's go ahead and bring it online. attention on site, attention on site. now starting unit nine. some of the world's cleanest gas turbines are now powering some of america's biggest cities. siemens. answers. ♪ pop goes the world [ female announcer ] pop i
low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. with tasty grilled flavor and goodness to savor ♪ ♪ friskies grillers blend. ♪ feed the senses. all your important legal matters in just minutes. protect your...
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Mar 19, 2013
03/13
by
CSPAN2
tv
eye 82
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tax code. but there are other things which cannot even be explained. why in the world would we put in our tax code a provision which says if an american business wants to move jobs overseas, we will give them a tax break to do it? i don't think so. that should be a decision, if they make it, with no encouragement from our tax code. rather, let's encourage businesses to stay in the united states. similarly, senator carl levin of michigan has really made a concerted effort to investigate and expose the offshore tax havens that cost us over $300 billion a year in taxes owed to the united states, people that park their money in far-away places with strange-sounding names end up escaping tax liability. why do we let that happen? the average family across america, the average business across america can't escape and doesn't even try to escape its liability. yet, we built into the tax codes these cayman island little fiascoes in bermuda and all the places they head to. we could put an end to that in a
tax code. but there are other things which cannot even be explained. why in the world would we put in our tax code a provision which says if an american business wants to move jobs overseas, we will give them a tax break to do it? i don't think so. that should be a decision, if they make it, with no encouragement from our tax code. rather, let's encourage businesses to stay in the united states. similarly, senator carl levin of michigan has really made a concerted effort to investigate and...
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Mar 20, 2013
03/13
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CURRENT
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we could end the sequester today by adopting cuts but in the tax codes, the tax breaks, the tax credits that are loaded up in the tax code that go mostly to the wealthiest americans. you are talking about getting rid of the tax benefits or loophole? >> that's exactly right. >> give me an example of this. is there enough money there? >> absolutely enough money to over $1.2 trillion over 10 years. we could get it, for example, from the corporate deferral on-shore profit did companies that make their profit did overseas, did he ever their payments, sometimes never pay them, and >> bill: that just encourages people to move their money or jobs offshore? >> it's an incentive. >> why should we be rewarding them for exporting jobs basically? >> what these corporate interests and wealthy americans do is hide spending in give them a check? we would is a no way. in the tax code, nobody is really examining that. >> bill: exact. >> special tax -- well, mortgage interest deductions for second homes. not just a first home. i will tell you, a big one is the fossil fuel subsidy. i am talking about oil a
we could end the sequester today by adopting cuts but in the tax codes, the tax breaks, the tax credits that are loaded up in the tax code that go mostly to the wealthiest americans. you are talking about getting rid of the tax benefits or loophole? >> that's exactly right. >> give me an example of this. is there enough money there? >> absolutely enough money to over $1.2 trillion over 10 years. we could get it, for example, from the corporate deferral on-shore profit did...
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Mar 18, 2013
03/13
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CSPAN
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we propose reforming the tax code. we propose ending special tax breaks and closing tax loopholes like the mortgage deduction for vacation homes and yachts, eliminating the deduction for derivative traders and eliminating incentives for sending american jobs overseas. we propose taxing capital gains and dividends as ordinary income, raising about $900 billion over 10 years. these changes, mr. speaker, would generate much-needed revenue. the country has begun to recover. we see it every day in the news and we're moving in the right direction. we are beginning to recover from near financial ruin. but our recovery is fragile and desperately needs a shot in the arm to accelerate our economic recovery. instead the republican-controlled house voted -- thought it best to poison the economy and throw away the antidote. according to leading economists, once sequestration is full yimplemented, america is going -- -- fully implemented, americans are going to lose $2.-- 2.14 million jobs. those are two million jobs that exist now
we propose reforming the tax code. we propose ending special tax breaks and closing tax loopholes like the mortgage deduction for vacation homes and yachts, eliminating the deduction for derivative traders and eliminating incentives for sending american jobs overseas. we propose taxing capital gains and dividends as ordinary income, raising about $900 billion over 10 years. these changes, mr. speaker, would generate much-needed revenue. the country has begun to recover. we see it every day in...
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Mar 21, 2013
03/13
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CSPAN
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eye 105
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we will close many corporate tax loopholes, like the tax deferral. you can move jobs overseas and never pay any taxes. , bribed us took bring the jobs home. we say no. if you are an american corporation and you earn money overseas or you earn money here but use tricks, it does not matter. we will tax it all. if you're paying taxes to a foreign government, you get a credit for that so no double taxation. but you should not get a in a fit of no taxes because you are shipping jobs abroad. we eliminate some of the depletion balances. there's no reason we should be giving tax subsidies to these companies. we eliminate benefits for , reduce corporate meals and entertainment. is one thing. the second thing we do is we say, all right, people making over $400,000 now will be haying a tax of three point 96% on their highest income. % on their highest income. institute new tax brackets for millionaires and billionaires. $1 on every one dollar above million. 40 six percent on every one dollar above 20 million dollars. we finally go to a total of 49% for every on
we will close many corporate tax loopholes, like the tax deferral. you can move jobs overseas and never pay any taxes. , bribed us took bring the jobs home. we say no. if you are an american corporation and you earn money overseas or you earn money here but use tricks, it does not matter. we will tax it all. if you're paying taxes to a foreign government, you get a credit for that so no double taxation. but you should not get a in a fit of no taxes because you are shipping jobs abroad. we...
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Mar 14, 2013
03/13
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people who are working hard every day, paying payroll tax, gas taxes, but don't make enough income. i want to fight for them. that's what i have been doing for the last four years. if they succeed, i believe the country succeeds. >> president obama used your material to close a debate at a very crucial time, after his first debate was heavily criticized. this was his closing statement. what was going through your mind at this point? >> it was the last line of the debate. i was sitting on the edge of my couch. i watched the first debate, there was no mention of it. a cheer erupted in the room at the time. i was thrilled that he hit him with it when he did. you know, it was well done. >> at this point, had you ever had any contact with the obama campaign? >> no. >> this was all organic? >> yeah. i mean this wasn't -- you know, i voted for president obama, i'm proud to call him my president. i'm independent. i typically vote democrat, but i certainly never had contact of any sort. >> did that validate your instincts of how important this tape was when you saw the president use it? >> i
people who are working hard every day, paying payroll tax, gas taxes, but don't make enough income. i want to fight for them. that's what i have been doing for the last four years. if they succeed, i believe the country succeeds. >> president obama used your material to close a debate at a very crucial time, after his first debate was heavily criticized. this was his closing statement. what was going through your mind at this point? >> it was the last line of the debate. i was...
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Mar 20, 2013
03/13
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CSPAN
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it said as part of tax reform don't raise taxes on middle income people to finance your tax breaks for folks at the very top. every republican voted no. so, yes, this plan that the gentleman has brought forward today, apparently under sort of a mock bipartisanship, will reduce the deficit in a balanced way. calls for a shared responsibility. and certainly does not give folks at the very top a tax break financed by middle income taxpayers like the republican proposal does. i reserve the balance of my time. the chair: the gentleman reserves the balance of his time. the gentleman from south carolina. mr. mulvaney: i'd like to yield two minutes to the gentleman from california, mr. campbell. the chair: the gentleman from california is recognized for two minutes. mr. campbell: thank you. i thank the gentleman from south carolina. thank you, mr. chairman. sometimes, mr. chairman, you live in a neighborhood, you look down the street, and there is a neighbor there. and they got new cars and they are remodeling the kitchen and they take a lot of expensive vacations. you look down the street and
it said as part of tax reform don't raise taxes on middle income people to finance your tax breaks for folks at the very top. every republican voted no. so, yes, this plan that the gentleman has brought forward today, apparently under sort of a mock bipartisanship, will reduce the deficit in a balanced way. calls for a shared responsibility. and certainly does not give folks at the very top a tax break financed by middle income taxpayers like the republican proposal does. i reserve the balance...
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Mar 20, 2013
03/13
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CSPAN
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eye 93
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instead of raising taxes the house republican plan includes pro-growth, comprehensive tax reform, tax reform is critical to increasing u.s. competitiveness abroad as well as attracting business here at home. it will close loopholes and special interest deductions and credits for personal and corporate income taxes and lower the rates for everyone. i am pleased house republicans are the only people in this town with the courage to balance the budget. it's time to return the economy to an engine of growth and job creation and increased opportunities for all hardworking americans. this is what the house republican budget will achieve and this is what americans deserve. i yield back. the chair: the gentlelady yields back the balance of her time. the gentleman from maryland. mr. van hollen: thank you, mr. chairman. the way to save medicare is to bring down costs overall in the health care system, not give seniors a voucher that puts all the risk on the senior which is what the republican approach does. i now yield one minute to the gentleman from california, the distinguished ranking membe
instead of raising taxes the house republican plan includes pro-growth, comprehensive tax reform, tax reform is critical to increasing u.s. competitiveness abroad as well as attracting business here at home. it will close loopholes and special interest deductions and credits for personal and corporate income taxes and lower the rates for everyone. i am pleased house republicans are the only people in this town with the courage to balance the budget. it's time to return the economy to an engine...
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Mar 14, 2013
03/13
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CSPAN
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eye 83
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tax reform. he said he believed there was a lot of agreement republicans and democrats on corporate tax reform, on broadening the base and lowering the rates so the committee competitive and on remaining net -- all remaining revenue neutral. all that was encouraging. those principles have wide agreement. if we lower our rates, our country has the highest corporate tax rate of any developed country. over $1 trillion in capital from u.s. corporations car overseas. we need to be net capital back to get people back to work. i was encouraged by his willingness to work in a bipartisan way to get that done. on the second issue of regulatory reform, reducing the burden is the regulations on job creation and economic growth, he expressed a willingness to work together with republicans to focus on cost-benefit analysis and to target existing regulations that impose greater cost than the benefits. he suggested the creation of a task force in the senate to look at regulatory burdens and to come up with the p
tax reform. he said he believed there was a lot of agreement republicans and democrats on corporate tax reform, on broadening the base and lowering the rates so the committee competitive and on remaining net -- all remaining revenue neutral. all that was encouraging. those principles have wide agreement. if we lower our rates, our country has the highest corporate tax rate of any developed country. over $1 trillion in capital from u.s. corporations car overseas. we need to be net capital back...
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Mar 20, 2013
03/13
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is it going to be vaccines for children or is it going to be tax breaks for wealthy insurance companies? and i think that americans are not, you know, they're for balancing the budget, perhaps, but they're not for cutting programs that are really going to help the middle class and those who aspire to it. >> it will be interesting to see. balancing the budget is so popular with all the focus groups. but you're attempting to show what it really would mean literally. congressman jan schakowsky, thank you for joining us. >> thank you. >> up next, chuck joins us again from jerusalem for a deep dive into the millions of dollars the u.s. is spending on israel's state of the art air defense system. >> reporter: i'm not sure how many rockets are being fired now. but the iron dome one, two, three, 4 iron dome rockets are exploding. >>> nbc's resident iron dome expert and probably the best script writer at the network, martin fletcher will join chuck. [ female announcer ] birdhouse plans. nacho pans. glass on floors. daily chores. for the little mishaps you feel use neosporin to help you heal. it
is it going to be vaccines for children or is it going to be tax breaks for wealthy insurance companies? and i think that americans are not, you know, they're for balancing the budget, perhaps, but they're not for cutting programs that are really going to help the middle class and those who aspire to it. >> it will be interesting to see. balancing the budget is so popular with all the focus groups. but you're attempting to show what it really would mean literally. congressman jan...
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Mar 18, 2013
03/13
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FBC
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eye 88
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there would be a 3% tax for deposits under $100 thousand euros, and a 10% tax and 15% tax for amounts larger than 500,000 euros, country central bank declaring a holiday until thursday, when they vote on the plan, this is sparking investor fears at home, joining me now lance roberts, host of street talk live, and xena. partner and cfa, welcome all, great to have you here, lance, i'll start with you, i have to assume some wealthy individuals are having questions about safety of their money, have you gotten any calls, are you expecting any? >> i'm not expecting any but i would not be surprised to see people talk more about this in next few days it is very late tonight anyway it looks like they will preserve the under $100 thousand mark and go after larger deposits, but the question, here in u.s., could it happen here? probably not. but the question is, ha hasn't t already happen with standpoint feds suppressing interest rates, that is the rate less than inflation, negative interest rate it has already happened here. gerri: let's go to xena for a second, a lot of people out there think t
there would be a 3% tax for deposits under $100 thousand euros, and a 10% tax and 15% tax for amounts larger than 500,000 euros, country central bank declaring a holiday until thursday, when they vote on the plan, this is sparking investor fears at home, joining me now lance roberts, host of street talk live, and xena. partner and cfa, welcome all, great to have you here, lance, i'll start with you, i have to assume some wealthy individuals are having questions about safety of their money, have...
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Mar 13, 2013
03/13
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CSPAN
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simple math shows that this budget will finance large tax cuts for the wealthiest by raising the tax burden on middle class taxpayers. the budget calls for dropping the top tax rate from 39% to 25% , cutting the rate for millionaires by more than 1/3 while holding all other revenues constant. just last fall the nonpartisan tax policy center did an analysis of a far more modest plan put forward by governor romney to reduce the top tax rate from 35% to 28%. and they showed it would inevitably raise the income tax burden on individuals making under $200,000 a year. this budget proposal which provides even bigger tax cuts to millionaires will raise the tax burden on middle income families by an average of $2,000. at the same time, same time it does not close one single special interest tax loophole for the purpose of reducing the deficit. not one dime from ending special breaks for corporate jets, big oil companies, or hedge fund managers to help us reduce the deficit. while providing this windfall to the very healthy, this proposal guts vital investments that are essential to shared pro
simple math shows that this budget will finance large tax cuts for the wealthiest by raising the tax burden on middle class taxpayers. the budget calls for dropping the top tax rate from 39% to 25% , cutting the rate for millionaires by more than 1/3 while holding all other revenues constant. just last fall the nonpartisan tax policy center did an analysis of a far more modest plan put forward by governor romney to reduce the top tax rate from 35% to 28%. and they showed it would inevitably...
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Mar 13, 2013
03/13
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CSPAN2
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eye 75
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we cannot tax our way out of this debt. there is no tax increase that gets us out of this debt. and to my own party, i say while we always have to have fiscal discipline, you can't cut your way out of this debt either. the only real solution to our debt problem -- and the debt matters because it's killing jobs in america -- the only real solution to our debt problems is a combination of two things. rapid, robust economic growth. if we could grow our economy at 4% a year, we could generate $3 trillion for debt reduction over the next decade. and we could create millions of jobs and pull people out of poverty and strengthen our middle class, which is the source of our exceptionalism as a country. and the second thing we need is fiscal discipline on future spending. this bill violates both. this bill violates both. it hurts economic growth because the only way you're going to grow your economy is if you make america a better place to create jobs and start businesses. that's how economic growth is created. when someone takes money they have or money they've borrowed or money somebod
we cannot tax our way out of this debt. there is no tax increase that gets us out of this debt. and to my own party, i say while we always have to have fiscal discipline, you can't cut your way out of this debt either. the only real solution to our debt problem -- and the debt matters because it's killing jobs in america -- the only real solution to our debt problems is a combination of two things. rapid, robust economic growth. if we could grow our economy at 4% a year, we could generate $3...
139
139
Mar 16, 2013
03/13
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MSNBCW
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eye 139
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low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. [ male announcer ] we all have something neatly tucked away in the back of our mind. a secret hope. that thing we've always wanted to do. it's not about having dreams, it's about reaching them. ♪ an ally for real possibilities. aarp. find tools and direction at aarp.org/possibilities. >>> welcome back to "the ed show." joining me now live in studio, scott prouty. scott, good to have you with us. been fun to get to know you. >> thank you. >> you're a unique man and a guy with a lot of guts. >> thank you. >> what's your future? >> i don't know. we will see how it goes. i think i will work with charlie a little more closely. i had the pleasure of meeting leo gira are rd, the president o
low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. [ male announcer ] we all have something neatly tucked away in the back of our mind. a secret hope. that thing we've always wanted to do. it's not about having...
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Mar 20, 2013
03/13
by
KGO
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eye 142
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>> as mentioned before, tax time is coming up. if you have question wez have people who have answers. >> 7 on your side is here to help. everybody is taking questions right now. michael? >> i'm glad you're there. i'm glad you're helping as soon as we gave out a telephone number, all experts started -- their phones started ringing. we've got 153 and california society of enrolled agents. we have united way joining me. in the name of the program fofr low income folks is... >> what is it that you do? >> a joint pro secretary for -- project for the irs, linked to other organization that's do other things for low income people. >> you make sure they get every last dime and that they're treated well. >> tax return is the first thing z if they have money to save, which many low income people don't anything that can be done for them is done. >> and gempeople get a hold of you how? >> the united way web site. >> i can't tell you all of the great feed back we've received from that. let me give you the telephone number again. we'll be here u
>> as mentioned before, tax time is coming up. if you have question wez have people who have answers. >> 7 on your side is here to help. everybody is taking questions right now. michael? >> i'm glad you're there. i'm glad you're helping as soon as we gave out a telephone number, all experts started -- their phones started ringing. we've got 153 and california society of enrolled agents. we have united way joining me. in the name of the program fofr low income folks is......
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75
Mar 16, 2013
03/13
by
FBC
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-- imposing taxes. in illinois requiring the strip club operators to impose a $3 charge for their customers. the tax is expected to raise a million dollars annually. texas has also got eight vice tax. it is a little different. a little bigger deal in texas. $5. they are getting just about ten times as much revenue as a state of illinois. nevada, the only state in the country to allow any form of prostitution to illegally. it does not collect the tax. but if it did it will reportedly earn nearly $150 million for the state in nevada. regardless of whether not you think the taxes are good or bad public policy, there is no denying that device is generating an enormous amount of what government seems to like most, revenue. the nra proposal to keep our kids safe in school is still the best solution. the "a-team" on where are the other leaders. the billionaire mayor wants to ban guns. styrofoam cups, smoking. but he won't ban pot holes and poverty. why not? damaging testimony today in the case of two ohio
-- imposing taxes. in illinois requiring the strip club operators to impose a $3 charge for their customers. the tax is expected to raise a million dollars annually. texas has also got eight vice tax. it is a little different. a little bigger deal in texas. $5. they are getting just about ten times as much revenue as a state of illinois. nevada, the only state in the country to allow any form of prostitution to illegally. it does not collect the tax. but if it did it will reportedly earn...
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Mar 15, 2013
03/13
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the president a tax hike. i want to mention this politico had done from this morning. guest: republicans have seized the moment. democrats seem to be planning cliff during the fiscal tops. bell americans say, democrats, you have your tax increases, let's focus on spending cuts. republicans seem to be manning them that message -- managing that message well right now. host: our guest is damian paletta this morning. theou are listening on radio, here are the phone lines. 3881.licans, 202-585- democrats, 202-585-3880. $975 billion in targeted cuts with regard to health care, military, other programs. it also raises $975 billion in new revenues from closing " -- closing tax loopholes. $100 billion in stimulus spending focusing on job training and infrastructure. house republican plan has $1.80 trillion in savings from the repeal of the health care law. it leaves $1 trillion in automatic cuts as a result of sequestration. it includes $962 billion in cuts from agriculture subsidies and food stamps, reduces money for
the president a tax hike. i want to mention this politico had done from this morning. guest: republicans have seized the moment. democrats seem to be planning cliff during the fiscal tops. bell americans say, democrats, you have your tax increases, let's focus on spending cuts. republicans seem to be manning them that message -- managing that message well right now. host: our guest is damian paletta this morning. theou are listening on radio, here are the phone lines. 3881.licans, 202-585-...
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Mar 13, 2013
03/13
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CSPAN2
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of reforming the tax -- for the purpose of reforming the tax code, bringing down marginal tax rates for businesses and individuals, he wants to raise taxes again. there is a bipartisan consensus, however, that tax reform should lower the rates and broaden the base. indeed, those were the recommendations of the simpson-bowles commission and the dim-rivlin panel as well. but as i said, the president wants to use what he calls tax reform as a trojan horse to raise taxes again. he argues that we won't have a balanced approach to deficit reduction unless we pass another massive tax hike, and that's after the president raised taxes by $600 billion in january muc. from what i understand, our friends across the aisle, senator murray as the chairman of the senate budget committee, are about to unjail a budget proposal -- unveil a budget proposal that would raise taxes again by at least $1 trillion. now, i realize if you think that government is the answer to almost every question that comes up with america today, that you're going to need bigger government, more intrusive government funded b
of reforming the tax -- for the purpose of reforming the tax code, bringing down marginal tax rates for businesses and individuals, he wants to raise taxes again. there is a bipartisan consensus, however, that tax reform should lower the rates and broaden the base. indeed, those were the recommendations of the simpson-bowles commission and the dim-rivlin panel as well. but as i said, the president wants to use what he calls tax reform as a trojan horse to raise taxes again. he argues that we...
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Mar 21, 2013
03/13
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FBC
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for school superintendents funded by your taxes. a fox investigation finds school superintendents are not just among the highest paid government workers in the country, but they increasingly get six figure pay and half million range, and it's ten times what teachers get. we found in a dozen states, school school superintendents paid more than what gvernors are paid to run the state including new york, new jersey, california, ohio, illinois, and washington state. we also found that four out of ten new york school superintendents get 200,000 annually, more than the pay for the governor quo moe and more than the average of 162,000. two school superintendents in new york made half a million bucks overseeing seven schools each. the governor joked about that. you know, i'd apply for that job, and now, gerri, there's little oversight of school superintendents' pay, and they are calling themselves ceos. in fact, shools now routinely use corporate pay models for school superintendents' pay getting free cars, free cell phones, money for colle
for school superintendents funded by your taxes. a fox investigation finds school superintendents are not just among the highest paid government workers in the country, but they increasingly get six figure pay and half million range, and it's ten times what teachers get. we found in a dozen states, school school superintendents paid more than what gvernors are paid to run the state including new york, new jersey, california, ohio, illinois, and washington state. we also found that four out of...
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Mar 21, 2013
03/13
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in washington, maybe, depending on global warming, h&r block commercials making you worry about your taxes, and making everyone fill out an ncaa bracket. these are the ties that bind. >>> the house tea party caucus >> you know what, we as a world are going through a dire state, we need to address it, maybe i
in washington, maybe, depending on global warming, h&r block commercials making you worry about your taxes, and making everyone fill out an ncaa bracket. these are the ties that bind. >>> the house tea party caucus >> you know what, we as a world are going through a dire state, we need to address it, maybe i
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Mar 21, 2013
03/13
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FOXNEWSW
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low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. >>alisyn: fox news alert for you. president obama went to ramallah a short time ago to meet with palestinian president mahmoud abbas. we're there live. >> good morning. never a dull moment here in the middle east. just as the president was waking up, there were rocket sirens in southern israel. hamas, largely left out of the president's visit -- he controls the gaza strip, and they have launched four rockets into southern israel. one hit at least a house, although no injuries reported. it does show you how much israel is under fire at all times. this is some of the rocket aftermath from near the gaza strip. president obama ignored hamas and spoken only to president mahmoud abbas. they
low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. >>alisyn: fox news alert for you. president obama went to ramallah a short time ago to meet with palestinian president mahmoud abbas. we're there live. >>...
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Mar 14, 2013
03/13
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so, he's redefining tax reform not the traditional word of tax reform, meaning you lower rates and use that to close loopholes to lower rates. he wants to use it to say, well, we're going to close loopholes to pay for more spending. >> congressman tom price and why no budget. what was his explanation, why he has no budget. the senate has a budget and the house has a budget. >> again, he had a very difficult time answering that question. >> what did he say? >> i mean, it was like, look, you've listened to him. he's got no substantive answer when tom price-- >> what did he say, i'm too busy or they're working on it? >> look, it's going to come and avoiding eye contact, a couple of weeks. well, it's late already and he was challenged in the meeting, are you presenting this late on a rope-a-dope effort after we passed the budget that paul ryan is leading us on? it's all of those sorts of things and here this was a big attempt to try and bring people together. i thought, look, our members respect the presidency and we're respectful of him in that opportunity, but he didn't follow through on
so, he's redefining tax reform not the traditional word of tax reform, meaning you lower rates and use that to close loopholes to lower rates. he wants to use it to say, well, we're going to close loopholes to pay for more spending. >> congressman tom price and why no budget. what was his explanation, why he has no budget. the senate has a budget and the house has a budget. >> again, he had a very difficult time answering that question. >> what did he say? >> i mean, it...
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Mar 21, 2013
03/13
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in washington, maybe, depending on global warming, h&r block commercials making you worry about your taxes, and making everyone fill out an ncaa bracket. these are the ties that bind. >>> he picked indiana. also not an entirely obvious choice. in previous years, republicans have responded to the president with outrage as if this is a major scandal when he does this. >> we are going to a dire state, and maybe i will not worry about the bracket. >> the president may look a little disconnected. >> he is so
in washington, maybe, depending on global warming, h&r block commercials making you worry about your taxes, and making everyone fill out an ncaa bracket. these are the ties that bind. >>> he picked indiana. also not an entirely obvious choice. in previous years, republicans have responded to the president with outrage as if this is a major scandal when he does this. >> we are going to a dire state, and maybe i will not worry about the bracket. >> the president may look...
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Mar 20, 2013
03/13
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CSPAN2
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under this government the tax rates are more competitive and the wealthy pay more tax. that's the right way around. here is an inconvenient truth for the other side. in every year of this parliament, the rich will pay a greater proportion of income tax revenue than any one of the thirty years of the last labour government. and during those years, too many people were allowed to get away with aggressive tax avoidance of abuse, they bogsed they were paying less tax and the member opposite applauded them for it. we stopped that. that's what i call fair. today i'm unveiling one of the largest ever package of avoidance measures presented in a budget, details set out including agreemented with isle to bring in over a billion pounds of unpaid taxes. new rules to stop abuse of corporate tax, and offshore employment. that's another 2 billion pounds. this year we're giving britain the first ever generally abuse rule and we will name and shame promoters of tax avoidance scheme. my message to make a living telling others to avoid the taxes, this government is not going let you get
under this government the tax rates are more competitive and the wealthy pay more tax. that's the right way around. here is an inconvenient truth for the other side. in every year of this parliament, the rich will pay a greater proportion of income tax revenue than any one of the thirty years of the last labour government. and during those years, too many people were allowed to get away with aggressive tax avoidance of abuse, they bogsed they were paying less tax and the member opposite...
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Mar 14, 2013
03/13
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we know about tax policy. we need to have a pro-growth tax structure, not one that takes from some and gives to others. and last but not least, we believe in solving our debt problem, because it's hurting job creation. jobs are not being created in america. there are jobs that are not being created in this country because we have a $16.5 trillion debt and it's only scheduled to get bigger. that problem has to be solved and you can only solve it, the only real approach that solves it is the combination of fiscal discipline and rapid economic combrothe. there is no tax increase in the world that will solve our long-term debt problem. the second thing that our government can help us do is help ourselves by acquiring the skills of the 21st century and that's why i think every parent in america should have the opportunity to send their children to the school of their choice. by the way, we should encourage career education. not everyone has to go to a four-year liberal arts college. we still need plumbers. we still
we know about tax policy. we need to have a pro-growth tax structure, not one that takes from some and gives to others. and last but not least, we believe in solving our debt problem, because it's hurting job creation. jobs are not being created in america. there are jobs that are not being created in this country because we have a $16.5 trillion debt and it's only scheduled to get bigger. that problem has to be solved and you can only solve it, the only real approach that solves it is the...
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Mar 15, 2013
03/13
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don't have to put all of the burden on seniors and the middle class while giving a massive, massive tax cut yet again to the wealthiest folks. the president felt very good about his meetings. he a great session with senate republicans yesterday and you saw numerous quotes i think from senate republicans that reflected the fact that it was a good meeting and a constructive meeting and there really is the potential for common ground. but the differences are large and they remain large do get back to your point, when it comes to deficit reduction, it may be that the gab is too wide to reach a deal. the president hopes that's not the case, but we'll see, it's certainly worth having this engagement to try to find common ground. >> why did it take so long? i know you're going to say he's met with them before. but it's commonly accepted, and this is not just conventional wis ddom that dennis mcdonough s made a difference, this is outreach to members whom he's never met before, republicans. >> well i mean the members he hadn't met before or hadn't heard him speak, this is a fourth meeting the p
don't have to put all of the burden on seniors and the middle class while giving a massive, massive tax cut yet again to the wealthiest folks. the president felt very good about his meetings. he a great session with senate republicans yesterday and you saw numerous quotes i think from senate republicans that reflected the fact that it was a good meeting and a constructive meeting and there really is the potential for common ground. but the differences are large and they remain large do get back...
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Mar 21, 2013
03/13
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low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. >>> so the new republican plan is to reach out to pop culture world. i don't think this is what they had in mind. that's next. protect your family... and launch your dreams. at legalzoom.com we put the law on your side. where does goddess begin? it begins with your skin... revealed by venus for a confident glow the whole world will notice. venus & olay -- gently exfoliates with 5 blades. plus olay moisture bars help lock in moisture for less dryness. only from venus & olay. any venus cartridge fits any venus handle. that's the beauty of venus. mommy's having a french fry. yes she is, yes she is. [ bop ] [ male announcer ] could've had a v8. 100% vegetable juice, with three of your dail
low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. >>> so the new republican plan is to reach out to pop culture world. i don't think this is what they had in mind. that's next. protect your family... and...
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Mar 18, 2013
03/13
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KICU
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time is running out to claim nearly a billion dollars in unclaimed tax refunds. the irs is sitting on the money left behind by close to a million americans who failed to file federal tax returns in 2009. april 15th is the deadline to file and claim the refund. still to come, from ponzi to prison: the inside scoup on how a florida lawyer fooled investors out of a billion dollars. but first, detroit isn't the only city facing a fiscal emergency. the other u.s. cities under pressure next with bill moller, after this "in the know" message. now we have the future and the fortunes of detroit, michigan, handed over to a bankruptcy lawyer. detroit may be in the worst shape financially, but plenty of other cities are in serious financial stress too. is detroit just the first domino to fall? let's talk with brian battle. he is the director of trading performance at trust capital partners. you are involved for 25+ years in looking at the bond market, municipal credits. let me ask you, is detroit unique here? > > unique is a word for it. what is wrong with detroit is two thi
time is running out to claim nearly a billion dollars in unclaimed tax refunds. the irs is sitting on the money left behind by close to a million americans who failed to file federal tax returns in 2009. april 15th is the deadline to file and claim the refund. still to come, from ponzi to prison: the inside scoup on how a florida lawyer fooled investors out of a billion dollars. but first, detroit isn't the only city facing a fiscal emergency. the other u.s. cities under pressure next with bill...
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Mar 13, 2013
03/13
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FOXNEWSW
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tax rates. ryan's goal is to have just two tax brackets. 10% and 25%. so the question now is, well, will democrats see this as congressman ryan and again, just throwing granny over the cliff. are they going to demagogue it it? don't laugh, a sequel to the ad is already out and we're going to play for you in just a few minutes or will senate democrats who haven't passed a budget in more than 1400 days, will they seize this opportunity to get the country on a fiscally sound path like paul ryan is presenting? now, i'd like to be optimistic, but judging by the reaction from the president himself earlier tonight, that's not going to be the case. now, listen to what he told abc's george stephanopoulos. >> paul ryan today put forward his budget and he says he's challenging you to come forward with a budget that also reaches balance. are you going to do that? >> no, my goal is not to chase a balanced budget just for the sake of balance. my goal is how do we grow the economy, put people back to work, and
tax rates. ryan's goal is to have just two tax brackets. 10% and 25%. so the question now is, well, will democrats see this as congressman ryan and again, just throwing granny over the cliff. are they going to demagogue it it? don't laugh, a sequel to the ad is already out and we're going to play for you in just a few minutes or will senate democrats who haven't passed a budget in more than 1400 days, will they seize this opportunity to get the country on a fiscally sound path like paul ryan is...
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Mar 19, 2013
03/13
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CSPAN2
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tax reform to hide a tax increase and peer at ickley politicians in tax reform is that what they mean is they want to raise tax reform. there are two ways, raise the rates or broaden the base without bringing the rates down. no raising the rates and if you want to get reductions in credit that's great. bring the rates down dollar for dollar. that is what ryan does in the ryan plan is perfectly consistent. >> host: let's bring in chris from florida on the republican line. good morning chris. you were on with grover norquist. >> caller: thank you. thank you for c-span. mr. norquist, i think there is a big problem. perception is everything when it comes to marketing and it's the perception that the democrats are able to get across because the democrats, they know their audience and they know who their pandering to. and they treat them like stupid children. i will give you an example. you remember when the bush tax cuts first came out and tom daschle and dick gephardt were the minority leaders. they didn't have anything. they didn't have the house and they didn't have the senate or the wh
tax reform to hide a tax increase and peer at ickley politicians in tax reform is that what they mean is they want to raise tax reform. there are two ways, raise the rates or broaden the base without bringing the rates down. no raising the rates and if you want to get reductions in credit that's great. bring the rates down dollar for dollar. that is what ryan does in the ryan plan is perfectly consistent. >> host: let's bring in chris from florida on the republican line. good morning...
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Mar 19, 2013
03/13
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higher taxes support even higher spending. this is the typical tax and spend budget. this budget was crafted as if we don't even have a spending problem or a debt crisis. this budget assumes everything is just fine and everything will work out if we simply proceed forward on the current path of tax and spend. this budget represents a missed opportunity. you don't have to take my word for it. editorial writers across the country have made similar statements about this budget. a "washington post" editorial called it a complacent budget plan. they wrote that the majority budget fails to recognize the long-term fiscal problems. i'd like to quote -- "partisan in tone and complacent in subject. it scores points against republicans and reassures the political liberal base but deepens these senators' commitments to an unsustainable policy agenda." further quoting -- "in short, this document gives voters no reason to believe that democrats have a viable plan for or even a responsible public assessment of the country's long-term fiscal predicament." end quote. the "chicago trib
higher taxes support even higher spending. this is the typical tax and spend budget. this budget was crafted as if we don't even have a spending problem or a debt crisis. this budget assumes everything is just fine and everything will work out if we simply proceed forward on the current path of tax and spend. this budget represents a missed opportunity. you don't have to take my word for it. editorial writers across the country have made similar statements about this budget. a "washington...
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Mar 21, 2013
03/13
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welcome to the tax system. >>> cyprus is getting a new ultimatum today. the european central bank is now telling the island nation to come up with a plan to secure a bailout by this monday or emergency aid for their banks will be cut off. very serious situation going on here for cyprus. stuart varney, anchor of "varney & company" on the fox business network joins me right now. stuart, where does all this stand now? >> wait until you hear this. there is ultimatum to cyprus, get a deal by monday midnight or you don't get a bailout. banks are closed all the way to next tuesday. stock market is closed. hints of a deal, cash from russia. here is the big one, martha. they're debating right now in the cypriot parliament of idea of seizing pension money. nationalizing semipublic, semiprivate pension fund companies. that is how far they're going. it reminds you of the seizure of private bank deposits, now the seizure of pension money. it is a sign of desperation. things are coming to a he had he. we may be witnessing the first country to leave the euro. that is a
welcome to the tax system. >>> cyprus is getting a new ultimatum today. the european central bank is now telling the island nation to come up with a plan to secure a bailout by this monday or emergency aid for their banks will be cut off. very serious situation going on here for cyprus. stuart varney, anchor of "varney & company" on the fox business network joins me right now. stuart, where does all this stand now? >> wait until you hear this. there is ultimatum to...
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Mar 19, 2013
03/13
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, massive tax hike. number two, half a trillion dollars more in big-government spending. number three, 42% more debt with each american owing $73,000. and more than 600,000 lost jobs. here's what we won't get: we won't get balance, just more and more unbalanced tax hikes. we won't get the kind of deficit reduction our country needs, just more spending to enrich the washington establishment at the expense of main street. we won't get more jobs or a better economy or sensible reforms to prevent medicare or social security from going bankrupt. and we certainly won't get a balanced budget. not only does the senate democrat budget never balance, ever, but top washington democrats now say they simply don't care about balancing the budget anymore. they just don't care about that. well, americans do. a party that once cared about hard-working american families seems to have gone off the leftmost edge of the reservation with this budget. d.c. democrats' priorities are so far removed from the actual needs of middl
, massive tax hike. number two, half a trillion dollars more in big-government spending. number three, 42% more debt with each american owing $73,000. and more than 600,000 lost jobs. here's what we won't get: we won't get balance, just more and more unbalanced tax hikes. we won't get the kind of deficit reduction our country needs, just more spending to enrich the washington establishment at the expense of main street. we won't get more jobs or a better economy or sensible reforms to prevent...
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Mar 20, 2013
03/13
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these are all legitimate talk -- topics, taxes, spending, appropriation. what what do we want to spend our money on? my wife and i do this all the time. are we going to spend money to take this kid here or to get this car replaced? we have to do that from the country's perspective. we look for it in the military. one thing i'm concerned about ash we hear a lot of discussion on the use of drones -- one thing i'm concerned about -- we hear a lot of discussion about the use of drones. the bottom line is that all of these mechanical, all of the technology is great, but there are still men and women who have to run them. they still have to be on the front lines. at some point in time, there will be more boots on the ground somewhere, just as there are right now. host: should that happen in syria? boots on the ground? guest: i'm very concerned about what is happening, especially concerning reports of chemical weapons. will have to do more than just take this cursory look at it. i'm very concerned about foreign policy that says we will dabble here and dabble ther
these are all legitimate talk -- topics, taxes, spending, appropriation. what what do we want to spend our money on? my wife and i do this all the time. are we going to spend money to take this kid here or to get this car replaced? we have to do that from the country's perspective. we look for it in the military. one thing i'm concerned about ash we hear a lot of discussion on the use of drones -- one thing i'm concerned about -- we hear a lot of discussion about the use of drones. the bottom...